Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.27 is in line with its 5-year average of 2.26, around the middle of its 5-year range (1.51–3.23).
As of the fiscal period ended Tuesday, June 30, 2026. 8.94% above its 12-month average of 2.08.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.27
QUICK RATIO (ACID-TEST) AVG TTM
2.08
QUICK RATIO (ACID-TEST) AVG 3Y
2.30
QUICK RATIO (ACID-TEST) AVG 5Y
2.26
QUICK RATIO (ACID-TEST) AVG 10Y
2.10
QUICK RATIO (ACID-TEST) AVG 15Y
1.90
QUICK RATIO (ACID-TEST) AVG 20Y
1.80
CURRENT VS TTM AVG
+8.94%
CURRENT VS 3Y AVG
-1.55%
CURRENT VS 5Y AVG
+0.44%
CURRENT VS 10Y AVG
+7.95%
CURRENT VS 15Y AVG
+19.19%
CURRENT VS 20Y AVG
+25.83%
SECTOR MEDIAN · BASIC MATERIALS
1.18
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+92.14%
vs the sector median at left
Reliance Steel & Aluminum Co.
Market Cap
$21.71B
Quick Ratio (Acid-Test)
2.27
TTM Avg
2.08
3Y Avg
2.30
5Y Avg
2.26
Market Cap
$21.77B
Quick Ratio (Acid-Test)
0.84
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.12
Market Cap
$21.46B
Quick Ratio (Acid-Test)
1.72
TTM Avg
1.07
3Y Avg
1.06
5Y Avg
1.08
Market Cap
$20.14B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.16
3Y Avg
1.13
5Y Avg
1.14
Market Cap
$19.46B
Quick Ratio (Acid-Test)
1.82
TTM Avg
1.40
3Y Avg
1.73
5Y Avg
1.93
Market Cap
$19.18B
Quick Ratio (Acid-Test)
2.68
TTM Avg
3.00
3Y Avg
2.72
5Y Avg
3.27
Market Cap
$17.98B
Quick Ratio (Acid-Test)
4.32
TTM Avg
2.82
3Y Avg
3.07
5Y Avg
2.50
Market Cap
$25.50B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.08
3Y Avg
1.07
5Y Avg
1.05
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Reliance Steel & Aluminum Co. (RS) | $21.71B | 2.27 | 2.08 | 2.30 | 2.26 |
| International Paper Company (IP)vs › | $21.77B | 0.84 | 1.06 | 1.07 | 1.12 |
| Dow Inc. (DOW)vs › | $21.93B | 7.24 | 1.11 | 1.15 | 1.13 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.46B | 1.72 | 1.07 | 1.06 | 1.08 |
| LyondellBasell Industries N.V. (LYB)vs › | $20.14B | 1.07 | 1.16 | 1.13 | 1.14 |
| DuPont de Nemours, Inc. (DD)vs › | $19.46B | 1.82 | 1.40 | 1.73 | 1.93 |
| Royal Gold, Inc. (RGLD)vs › | $19.18B | 2.68 | 3.00 | 2.72 | 3.27 |
| CF Industries Holdings, Inc. (CF)vs › | $17.98B | 4.32 | 2.82 | 3.07 | 2.50 |
| PPG Industries, Inc. (PPG)vs › | $25.50B | 1.15 | 1.08 | 1.07 | 1.05 |
| Carpenter Technology Corporation (CRS)vs › | $26.61B | 2.23 | 2.12 | 1.87 | 1.90 |
Quick Ratio
2.27
Excludes inventory
Current Ratio
4.30
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 2.27 |
| 2026-03-31 | 2.24 |
| 2025-12-31 | 2.30 |
| 2025-09-30 | 2.08 |
| 2025-06-30 | 1.51 |
| 2025-03-31 | 1.58 |
| 2024-12-31 | 1.54 |
| 2024-09-30 | 1.58 |
| 2024-06-30 | 2.43 |
| 2024-03-31 | 3.21 |
| 2023-12-31 | 3.23 |
| 2023-09-30 | 3.13 |
| 2023-06-30 | 2.83 |
| 2023-03-31 | 2.80 |
| 2022-12-31 | 2.10 |
| 2022-09-30 | 1.78 |
| 2022-06-30 | 1.60 |
| 2022-03-31 | 2.28 |
| 2021-12-31 | 1.97 |
| 2021-09-30 | 2.39 |
| 2021-06-30 | 2.54 |
| 2021-03-31 | 2.56 |
| 2020-12-31 | 2.76 |
| 2020-09-30 | 2.67 |
| 2020-06-30 | 1.92 |
| 2020-03-31 | 1.98 |
| 2019-12-31 | 2.02 |
| 2019-09-30 | 1.90 |
| 2019-06-30 | 2.08 |
| 2019-03-31 | 1.85 |
| 2018-12-31 | 2.10 |
| 2018-09-30 | 1.92 |
| 2018-06-30 | 1.76 |
| 2018-03-31 | 1.76 |
| 2017-12-31 | 1.88 |
| 2017-09-30 | 1.79 |
| 2017-06-30 | 1.86 |
| 2017-03-31 | 1.76 |
| 2016-12-31 | 1.76 |
| 2016-09-30 | 1.24 |
| 2016-06-30 | 1.14 |
| 2016-03-31 | 1.13 |
| 2015-12-31 | 1.13 |
| 2015-09-30 | 1.87 |
| 2015-06-30 | 1.92 |
| 2015-03-31 | 1.80 |
| 2014-12-31 | 2.07 |
| 2014-09-30 | 1.65 |
| 2014-06-30 | 1.82 |
| 2014-03-31 | 1.83 |
| 2013-12-31 | 2.09 |
| 2013-09-30 | 1.80 |
| 2013-06-30 | 1.73 |
| 2013-03-31 | 1.65 |
| 2012-12-31 | 1.74 |
| 2012-09-30 | 1.71 |
| 2012-06-30 | 2.06 |
| 2012-03-31 | 1.76 |
| 2011-12-31 | 1.84 |
| 2011-09-30 | 1.79 |
| 2011-06-30 | 1.56 |
| 2011-03-31 | 1.48 |
| 2010-12-31 | 1.65 |
| 2010-09-30 | 1.52 |
| 2010-06-30 | 1.53 |
| 2010-03-31 | 1.50 |
| 2009-12-31 | 1.61 |
| 2009-09-30 | 1.75 |
| 2009-06-30 | 1.78 |
| 2009-03-31 | 1.54 |
| 2008-12-31 | 1.57 |
| 2008-09-30 | 1.19 |
| 2008-06-30 | 1.28 |
| 2008-03-31 | 1.30 |
| 2007-12-31 | 1.35 |
| 2007-09-30 | 1.49 |
| 2007-06-30 | 1.37 |
| 2007-03-31 | 1.27 |
| 2006-12-31 | 1.40 |
| 2006-09-30 | 1.24 |
| 2006-06-30 | 1.25 |
| 2006-03-31 | 1.28 |
| 2005-12-31 | 1.38 |
| 2005-09-30 | 1.47 |
| 2005-06-30 | 1.46 |
| 2005-03-31 | 1.31 |
| 2004-12-31 | 1.33 |
| 2004-09-30 | 1.35 |
| 2004-06-30 | 1.38 |
| 2004-03-31 | 1.34 |
| 2003-12-31 | 1.26 |
| 2003-09-30 | 1.16 |
| 2003-06-30 | 1.28 |
| 2003-03-31 | 1.30 |
| 2002-12-31 | 1.58 |
| 2002-09-30 | 1.46 |
